Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Gorenje's Sales Revenues Up in First 9 Months
Nov 20, 2003
 Printable format
 Email this Article
 Search

The Velenje-based home appliances maker Gorenje generated SIT 92.5 billion (392 million euros) of sales revenues in the first 9 months this year, up 3 percent year-on-year. They account for 71 percent of planned revenues this year.

Net earnings in the 9-month period increased by 3.5 percent to SIT 3.3 billion (14 million euros), which is 72 percent of net earnings planned for 2003, according to a Gorenje press release published on the stock market's web site.

In the first three quarters of this year, The Gorenje Group recorded consolidated net sales revenues of SIT 141.2 billion (598 million euros), which is 8.4 percent more than in the same period last year and 74 percent of the planned net sales revenues this year.

The group saw net profits rise by 9.3 percent to SIT 3.6 billion (15 million euros) in the January to September period. This means that the group has generated 72 percent of the planned profits for 2003 so far.

The Gorenje said that the business situation on all major markets where the group is present is still unfavorable because of recession. The company is nevertheless confident to meet this year's business plans in all key aspects.

The group is currently finalizing its 2004 business plan, which will include a detailed plan of business activities in an attempt to consolidate and increase its shares on EU markets after enlargement. The 2004 business program is expected to be on the supervisory board's table next month.

Back to Daily News

 

Daily News

...........................................................

Oct 1, 2014: Whirlpool on Manufacturing Day: on track to exceed $1 billion U.S. investment goal

Oct 1, 2014: Commercial appliance spending and other restaurant capital spending solid in August

Oct 1, 2014: Appliance maker Gorenje is first Slovenian company with a European Works Council

Oct 1, 2014: HVAC/R contractors positive about short-term growth

Oct 1, 2014: Global semiconductor industry on-track to biggest year ever

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows